And final chart for the day shows a comparative study of volumes on four exchanges; Nasdaq, NYSE, AMEX and the ASX. Please note that the volume data has been statistically normalised and then a 21 day moving applied to provide a direct statistical comparison. So please ignore the Y-axis. You can see that the comparative volume into the ASX (Black) is significantly higher than the other exchanges. My suspicion is that the same would show up on the Aus dollar. Overall from the information that I have shown this morning shows that caution is warranted over the next couple or so weeks ... going out to enjoy a nice subtropical afternoon and please have a good day.
And final chart for the day shows a comparative study of volumes...
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Last
8,226.3 |
Change
26.800(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,199.5 | 8,231.0 | 8,150.1 |
| XJO (ASX) Chart |